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Jul 29, 2011
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medicare, they'd rather cut medicaid and jeopardize social security, while they give tax subsies to big oil, making record profits, tax breaks to corporations sending jobs overseas, and tax breaks to the wealthiest people in our country at the expense of the education of their children and health and well being of our country. i hope that the house will reject this measure. i know that people of good intentn to reduce the deficit can find a path to do that. it can't be too late because we have a deadline on august 2. but i want to pay my respects to president obama, who has been respectful of every suggestion proposed by the republicans, giving it the time and attention that they thought it deserved. he tried to accommodate all of those, to have a balanced, bipartisan approach, and what did the republicans do? walk away from the table. the american people know about this. that's why 50-something percent of the american people support the balanced, bipartisan approach that the president says we should strive to achieve and only about 19% of the american people support the proposal that i
medicare, they'd rather cut medicaid and jeopardize social security, while they give tax subsies to big oil, making record profits, tax breaks to corporations sending jobs overseas, and tax breaks to the wealthiest people in our country at the expense of the education of their children and health and well being of our country. i hope that the house will reject this measure. i know that people of good intentn to reduce the deficit can find a path to do that. it can't be too late because we have...
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Jul 29, 2011
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they will have a big meeting in our building about this. another question -- i get paid on the first and the third. already --checks even if it goes down and they are scared everyone sells security, we will not get their checks. host: a couple of veterans call this morning and said that their military pay has already come through. we are waiting outside the senate with reporters gathered to hear from democratic leaders. you can see harry reid is speaking on the senate floor now on c-span 2. once he is done, he will come out in front of reporters and take questions and possibly other leaders. while we wait for that to happen, we will continue with your calls. caller: texas, democrats line, go ahead. ason't know what is going on far as the welfare system. host: you are breaking up but it is tough to understand so we will let you go. in washington, republican line, what is your town? caller: parkersburg, west virginia. i am watching best. this. i don't think people understand that we have not had a budget for two years before this. we need a b
they will have a big meeting in our building about this. another question -- i get paid on the first and the third. already --checks even if it goes down and they are scared everyone sells security, we will not get their checks. host: a couple of veterans call this morning and said that their military pay has already come through. we are waiting outside the senate with reporters gathered to hear from democratic leaders. you can see harry reid is speaking on the senate floor now on c-span 2....
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Jul 29, 2011
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a couple of big wars. which instead of everybody being patriotic and really assist the country, we borrow and do it on a credit card. that's a couple trillion dollars. then we have a crash on wall street. another $2 trillion or $3 trillion. that's where the debt came from. i could lay the blame at the feet of the republican leadership and administration, but we are where we are and we've got to deal with it. it's got to be done in a balanced way. both the revenue side of the ledger and the expense side of the ledger. if our goal is to pay down the debt, you need more revenue and you need less expense. it's both sides. you can't just say, we're going to cut, cut, cut. we're going to take it out of medicare, we're going to privatize social security, we're going to eliminate early childhood education. you've got to deal with the expenses and we know that. but you've got to have revenue and in this instance, the republicans say you know what, we're not going to have additional taxes for millionaires and billio
a couple of big wars. which instead of everybody being patriotic and really assist the country, we borrow and do it on a credit card. that's a couple trillion dollars. then we have a crash on wall street. another $2 trillion or $3 trillion. that's where the debt came from. i could lay the blame at the feet of the republican leadership and administration, but we are where we are and we've got to deal with it. it's got to be done in a balanced way. both the revenue side of the ledger and the...
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Jul 29, 2011
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no big deal? tell that to the family who would have to pay higher interest rates on their mortgage, their car loan, their student loan. it would be a very big deal to them. many of my friends on the other side of the aisle didn't just stand as we created these massive deficits. they were active participants. they voted for two huge tax cuts, mostly for wealthy people, that weren't paid for. two wars that weren't paid for. a massive prescription drug program that wasn't paid for. and now their solution is to punish the very americans who can least afford it, all in th name of keeping their rich friends and their special interests happy. the boehner plan is unbalanced and unfair. it slashes programs like social security and medicare that benefit the middle class and the poor. but e republicans insist on protecting tax breaks for oil and gas companies, just today exxon mobil announced profits of $10.7 billion for the second quarter. do they really need special tax breaks? the ameran people sure don't
no big deal? tell that to the family who would have to pay higher interest rates on their mortgage, their car loan, their student loan. it would be a very big deal to them. many of my friends on the other side of the aisle didn't just stand as we created these massive deficits. they were active participants. they voted for two huge tax cuts, mostly for wealthy people, that weren't paid for. two wars that weren't paid for. a massive prescription drug program that wasn't paid for. and now their...
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Jul 29, 2011
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how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and infrastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recognized. mr. dreier: mr. speaker, as i listen to my friend from the other side of the aisle, mr. mcgovern, t
how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like...
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Jul 29, 2011
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we have a big, big government, susan, that we can't afford. this, i would argue, is all of our fault. it's not just members of congress' fault. it's all americans' fault, because we've let it get to this point. so now we're all sort of uncomfortable because we've got to make some difficult decisions. we all have to act like grown-ups. host: there are a number of stories about the president and the options available to him. here's just one in the "financial times." it says, obama faces legal dilemmas as time runs out. there are discussions about whether he can issue an executive order about the debt ceiling or use the 14th amendment to the constitution. if the president chooses to act independently, what would your reaction be? >> i'd be very disappointed. i think most of congress would be disappointed. i hope he wouldn't do this. with an issue this big, which is just a step in our debt crisis, i think the solution has to be a solution that most american people, again, reflected by this body up here, support. it would be very dangerous, i think
we have a big, big government, susan, that we can't afford. this, i would argue, is all of our fault. it's not just members of congress' fault. it's all americans' fault, because we've let it get to this point. so now we're all sort of uncomfortable because we've got to make some difficult decisions. we all have to act like grown-ups. host: there are a number of stories about the president and the options available to him. here's just one in the "financial times." it says, obama faces...
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Jul 29, 2011
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no big deal? tell that to the family who would have to pay higher interest rates on their mortgage, their car loan, their student loan. it would be a very big deal to them. many of my friends on the other side of the aisle didn't just stand by as we created these massive deficits. they were active participants. they voted for two huge tax cuts, mostly for wealthy people, that weren't paid for. two wars that weren't paid for. a massive prescription drug program that wasn't paid for. and now their solution is to punish the very americans who can least afford it, all in the name of keeping their rich friends and their special interests happy. the boehner plan is unbalanced and unfair. it slashes programs like social security and medicare that benefit the middle class and the poor. but the republicans insist on protecting tax breaks for oil and gas companies, just today exxon mobil announced profits of $10.7 billion for the second quarter. do they really need special tax breaks? the american people su
no big deal? tell that to the family who would have to pay higher interest rates on their mortgage, their car loan, their student loan. it would be a very big deal to them. many of my friends on the other side of the aisle didn't just stand by as we created these massive deficits. they were active participants. they voted for two huge tax cuts, mostly for wealthy people, that weren't paid for. two wars that weren't paid for. a massive prescription drug program that wasn't paid for. and now...